Law Practice Management
Your trust account is not a bank account, and you are not a banker
Your trust account is not a bank account, and you are not a banker. LAWPRO has seen instances where lawyers appear to be using their trust accounts to flow money in and out without doing any legal work. What Your Trust Account Is Not A backdoor bank account: Your trust account is not a workaround… Read More »
Categories: Law Practice ManagementFederation of Law Societies launches online program to combat money laundering risks
The Federation’s of Law Societys has launched an online learning program entitled “Anti-Money Laundering and Terrorist Financing in the Canadian Legal Profession”. The program is free and the Law Society of Ontario has accredited the program for 3 hours and 45 minutes of Professionalism content. From the website: “The practice of law exposes legal professionals… Read More »
Categories: Fraud Prevention, TechnologyGetting started on investing in tech: Use these 5 questions to guide you
The law changes, and so do the tools and technologies we use to provide legal services. For lawyers whose training is steeped in precedent and in identifying risks, there can be understandable hesitation and concern about moving to a new process or technology. This article addresses the key concerns that lawyers, paralegals and legal professionals… Read More »
Categories: Legal TechnologyNational Day for Truth and Reconciliation
September 30 marks the second National Day for Truth and Reconciliation. The day was created to honour survivors of the residential schools, their families, and communities, and this public commemoration remains a vital part of the reconciliation process. September 30 is a federal statutory holiday. Banks, the post office and other federally regulated entities will… Read More »
Categories: Civil Litigation, Diversity, Real EstateTime Management Tips Tuesdays: Collaboration = Time Better Spent
Law can be an isolating profession, but it doesn’t have to be. There are lots of ways where collaboration can help you find joy in your practice and increase your productivity. Here are three quick tips to get collaborating. Get a buddy Just like it can help to have a gym buddy to keep you… Read More »
Categories: Law Practice ManagementTime Management Tips Tuesdays: Productivity – Finding New Time
Time is a finite resource, but sometimes we can have more time on key tasks by finding new time! Consider tech tools to save time There is no shortage of tech tools that can save you time. For a starting point, check out practicePRO’s Technology Products for Lawyers and Law Firms to learn about different… Read More »
Categories: Law Practice ManagementTime Management Tips Tuesdays Productivity: Getting the Best out of Time on Task
Use Checklists We at LAWPRO and practicePRO love checklists. When they include the key pieces, they work. They’ve been used to get people to the moon and back, for flying airplanes, for safe surgeries and for manufacturing processes. For a deeper dive about how checklists help people manage complex tasks, we love Atul Gawande’s The… Read More »
Categories: Law Practice ManagementPutting the insurance puzzle together
LAWPRO’s primary Errors & Omissions (E&O) program is a key piece of the insurance puzzle for any lawyer and law firm. But additional insurance coverage is often required to protect against the full constellation of risk faced by a law firm. Remember that all insurance policies are drafted to cover only a specific set of… Read More »
Categories: Law Practice Management